Mexico 2022 onza

from the Mountain Groan Collection

In 1949 the Mexico City mint issued the world's first onza to modest success. It tried again in 1980 with a resurrection of the 1949 design. In 1982 the medallion (technically, Libertads are not coins) was redesigned to use the obverse from the 1921 two pesos. The weight was reduced and the fineness increased from .925 to .999 silver. The medallion was an immediate hit. It was the only silver bullion coin on the market for several years and, backed by the Mexican government, outcompeted private mint issues. It inspired imitations such as the U. S. silver eagle (from 1986) and the Canadian Maple Leaf (from 1988) which have cut into its market share to the point where several of the later dates are downright rare. The type is recorded for 2000-2017 but is still in production.

Recorded mintage: 350,000 + 3,400 proofs + 1,000 reverse proofs.

Specification: 31.1 g, 0.999 fine silver, 1.00 troy oz ASW, reeded edge, 40 mm diameter.

Catalog reference: KM 639.

Source:

• Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 2001-Date, 13th ed., Iola, WI: Krause Publications, 2018.

Link to:

• 2021 onza
• 2022 20 pesos, centennial of the Mennonites in Mexico
• 2022 20 pesos, bicentennial of diplomatic relations between Mexico and the USA
• 2022 2 onzas
• 2022 kilo silver
• 2024 onza
• Coins and currency dated 2022
• return to Mexican coinage of the modern era, since 1905